The German market for garments made up of felt or non-wovens and textile fabrics impregnated or coated reached a value of 677.83 million euros in 2023. Over the last two years, there was a modest increase, with growth rates of 1.65% in 2022 and 1.59% in 2023. The five-year compound annual growth rate stood at 1.02%, indicating a slow but steady market recovery following the significant dip in 2020. This modest growth reflects market stabilization post-pandemic, maintaining reasonable performance in a dynamic textiles segment.
Future trends to watch include the increasing importance of sustainability and innovation in textiles, shifts in consumer preferences towards eco-friendly and technologically advanced products, and potential impacts of global trade policies on local production and exports.
How does Germany rank in Garments Made Up of Felt or Non-Wovens, Textile Fabrics Impregnated or Coated Market Size Value?
| # | 7 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 677,830,000 | 2023 | +1.59% | +1.02% | |
| 2 | 2 United Kingdom | 286,020,000 | 2023 | +0.39% | +0.02% | View data |
| 3 | 3 Poland | 151,350,000 | 2023 | +2.95% | +1.9% | View data |
| 4 | 4 Austria | 124,340,000 | 2023 | -0.34% | +0.7% | View data |
| 5 | 5 Sweden | 123,610,000 | 2023 | +1.32% | +0.57% | View data |